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S&P/TSX composite down more than 100 points in late-morning trading

TORONTO — Canada's main stock index was down more than 100 points in late-morning trading, weighed down by losses in the energy, base metal and telecommunication stocks. The S&P/TSX composite index was down 109.60 points at 25,164.70.
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The S&P TSX composite index screen at the TMX Market Centre in downtown Toronto is photographed on November 11, 2022. THE CANADIAN PRESS/ Tijana Martin

TORONTO — Canada's main stock index was down more than 100 points in late-morning trading, weighed down by losses in the energy, base metal and telecommunication stocks.

The S&P/TSX composite index was down 109.60 points at 25,164.70.

In New York, the Dow Jones industrial average was down 2.96 points at 43,825.10. The S&P 500 index was up 23.57 points at 6,074.66, while the Nasdaq composite was up 183.22 points at 20,109.94.

The Canadian dollar traded for 70.26 cents US compared with 70.27 cents US on Friday.

The February crude oil contract was down 40 cents at US70.42 per barrel and the January natural gas contract was down five cents at US$3.23 per mmBTU.

The February gold contract was down US$3.70 at US$2,672.10 an ounce and the March copper contract was down a penny at US$4.19 a pound.

This report by The Canadian Press was first published Dec. 16, 2024.

Companies in this story: (TSX:GSPTSE, TSX:CADUSD)

The Canadian Press